v3.26.1
Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Compensation  
Schedule of fair value of stock options

​

​

​

​

​

​

  ​ ​ ​

2024

 

Spot price

​

21.02

 

Exercise price

 

21.88

​

Life of option

 

10

years

Risk free rate

 

4.22

%

Expected volatility

 

35.00

%

Dividend yield

 

2.95

%

Post-vesting forfeiture rate

 

5.55%~6.39

%

Exercise multiple

 

1.5x~2.0x

​

Schedule of share option activity

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​

​

​

​

​

​

​

​

​

​

  ​ ​ ​

​

  ​ ​ ​

Weighted Average

  ​ ​ ​

Weighted Average

  ​ ​ ​

Aggregate

​

​

Number

​

Exercise Price

​

Remaining

​

Intrinsic

​

​

of

​

US$ per

​

Contractual

​

Value

​

  ​ ​ ​

Options

  ​ ​ ​

share

  ​ ​ ​

Life Years

  ​ ​ ​

US$

Share options outstanding as of January 1, 2025

​

916,200

​

21.88

​

9.23

​

—

Granted

​

—

​

—

​

—

​

—

Exercised

​

—

​

—

​

—

​

—

Forfeited

​

29,952

​

—

​

—

​

—

Share options outstanding as of December 31, 2025

​

886,248

​

21.88

​

8.23

​

—

Share options exercisable as of December 31, 2025

​

292,462

​

21.88

​

8.23

​

—